AUSTIN, November 25, 2014 – The Railroad Commission of Texas issued a total of 3,046 original drilling permits in October 2014 compared to 1,735 in October 2013. The October total included 2,741 permits to drill new oil and gas wells, 40 to re-enter existing well bores, and 265 for re-completions. Permits issued in October 2014 included 885 oil, 181 gas, 1,829 oil and gas, 115 injection, two service and 34 other permits.

SEPTEMBER CRUDE OIL PRODUCTION

Texas preliminary September 2014 crude oil production averaged 2,194,148 barrels daily, up from the 1,796,784 barrels daily average of September 2013.

The preliminary Texas crude oil production figure for September 2014 is 65,824,450 barrels, up from 53,903,512 barrels reported during September 2013.

OCTOBER OIL AND GAS COMPLETIONS

In October 2014, operators reported 2,035 oil, 354 gas, 63 injection and three other completions compared to 1,758 oil, 493 gas, 64 injection and three other completions in October 2013.

Total well completions for 2014 year to date are 25,604 up from 21,432 recorded during the same period in 2013.

Texas oil and gas wells produced 595,603,581 Mcf (thousand cubic feet) of gas based upon preliminary production figures for September 2014 up from the September 2013 preliminary gas production total of 577,607,649 Mcf. Texas preliminary September total gas production averaged 19,853,453 Mcf (thousand cubic feet) a day.

Texas production in September 2014 came from 150,497 oil wells and 88,551 gas wells.

TABLE 1 – OCTOBER TEXAS OIL AND GAS DRILLING PERMITS AND COMPLETIONS BY DISTRICT

RAILROAD COMMISSION DISTRICT

PERMITS TO DRILL OIL/GAS HOLES

OIL COMPLETIONS

GAS COMPLETIONS

(1) SAN ANTONIO AREA

456

220

116

(2) REFUGIO AREA

277

71

30

(3) SOUTHEAST TEXAS

201

134

9

(4) DEEP SOUTH TEXAS

94

6

49

(5) EAST CENTRAL TX

43

7

12

(6) EAST TEXAS

82

24

25

(7B) WEST CENTRAL TX

151

77

8

(7C) SAN ANGELO AREA

317

118

1

(8) MIDLAND

849

1,014

32

(8A) LUBBOCK AREA

183

114

1

(9) NORTH TEXAS

279

132

48

(10) PANHANDLE

114

118

23

TABLE 2 – SEPTEMBER TEXAS TOP TEN OIL AND GAS PRODUCING COUNTIES RANKED BY PRELIMINARY PRODUCTION